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Information systems are a set of interrelated components that collect, manipulate, store, and disseminate data and information and also provide feedback to meet an objective
are indispensable tools to help you achieve your career goals
Businesses usually use IS to increase revenues, improve customer service, and reduce costs
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Data: raw facts
Information: collection of facts organised and processed in a way that they value beyond the individual facts
Process: set of logically related tasks performed to achieve a defined outcome
Knowledge: awareness and understanding of a set of information and the ways information can be made useful
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Value of Information:
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IS has interrelated elements which:
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Input: activity of gathering + collecting raw data
Processing: converting ideas into useful outputs
Output: producing useful information
Feedback: information from the system that is used to make changes to input or processing activities
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Computer-based information systems (CBIS): set of hardware, software, databases, telecommunications, people, and procedures
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Hardware: computer based equipment used to perform input, processing, storage, and output activities
Software: computer programs that govern the operation of the computer
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Database: organised collection of facts and information, typically consisting of two or more related data files
Telecommunications: the electronic transmission of signals for communicating
Network: connect computers and equipment to enable electronic communication
Intranet: world’s largest computer network consisting of thousands of interconnected networks, all freely exchanging information
Web: Network of links on the internet to documents containing text, graphics, video , and sound
Extranet: network allows selected outsiders, such as business partners and customers, to access authorised resources of a company’s intranet
Procedures: strategies, policies, methods, and rules for using CBIS
Business Info. systems: designed for electronic and mobile commerce, transaction processing, management info., and decision support
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E-commerce: any business transaction executed electronically between:
M-commerce: (mobile commerce) the use of mobile, wireless devices to place orders and conduct business
Electronic business (e-business): uses IS and the internet to perform all business related tasks and functions
Enterprise Systems: transaction processing systems and enterprise resource planning
Transaction: any business related exchange, such as payments to employees and sales to customers
Transaction processing system (TPS): organised collection of people, procedures, software, database, and devices used to perform and record completed business transactions
Enterprise resource planning: set of integrated programs that manages the vital business operations for an entire multisite, global organisation
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Information and decision support systems:
Management info systems (MIS): organised collection of people, procedures, software, database, and devices that provide routine information to managers and decision makers
manufacturing, marketing, production, finance, and other functional areas are supported by MIS + are linked through a common database
Functional management information systems draw data from the organisation’s transactions processing system
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Decision Support Systems (DSS) can include:
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